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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (21208)10/11/2025 4:29:17 PM
From: QTI on SI3 Recommendations

Recommended By
jritz0
Markbn
Tam3262

  Read Replies (1) | Respond to of 22993
 
Re. With a 1.17% yield from UTES, I wouldn't be interested. I expect income from utilities and capital growth from other assets.

Right. I wasn't in there for yield. I bought it in my IRA to provide some hedge against the heavy concentration of growth funds. But I guess I was wrong. Anyway, no biggy. I'll be building GLD for hedge. I'm sure UTES is a good fund "same management as UTG, my big winner CEF".


PS: My individual utilities stock as well as CEF funds (UTG, DNP, BUI) have done quite well in taxable account where they also provide nice income on top of cap gains. I'm hoping the gains stay till early next year so I can trim some. Already maxed out on my gains for this year taxes.



To: chowder who wrote (21208)10/11/2025 5:38:06 PM
From: jritz01 Recommendation

Recommended By
chowder

  Respond to of 22993
 
RE: I expect income from utilities and capital growth from other assets. But if it works for, congrats.

UTES is a play on datacenters. I currently have ERH and HTD for income in the utilities space. I suppose I could pair UTES with XLUI for income.